Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against edgeX+0.208%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.385%−$39 · spread now +0.208%, 7d avg +0.008%
Together, before fees−0.411%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.201% dearer against edgeX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC2.94290.0100pay 0.0050% / 4h43m 33s$23K$281K10x
ShortHTX ICP-USDT2.94900.0100get 0.0100% / 8h4h 43m$103K$175K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.208% → +0.008%
$20.06
Slippage, 4 orders
−$76.36
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$77.3
Costs to cover
0.974%
Break-even
never at this rate
Slippage from edgeX: live order book, 14 min ago; HTX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 14 min ago6.77 bp11.8 bp −$1227.0 bp −$270doesn't fitdoesn't fit
Sell HTX live order book, 13 min ago15.19 bp52.8 bp −$53doesn't fitdoesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ICP-USD0.0000%1h2.9512+0.284%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9510+0.276%$263$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9472+0.148%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.803%$202$200K12xas long as short
Variational Omni ICP+0.0087%8h2.9410−0.065%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9530+0.344%$158K$486K5xas long as short
Aster ICPUSDT+0.0100%8h2.9512+0.281%$268K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9510+0.275%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9477+0.163%$28.9M$51.8M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9460+0.106%$17.1M$18.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9460+0.106%$5.6M$16.5M50xas long as short
Gate ICP_USDT+0.0100%8h2.9490+0.208%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9460+0.106%$19.7M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9460+0.106%$4.8M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9480+0.174%$6.9M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h2.9490+0.208%$5.8Mas long as short
edgeX ICPUSDClong+0.0100%4h2.9429long leg$23K$281K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9404−0.086%$569K$464K10xas long as short
SunX ICP-USDT+0.0100%8h2.9480+0.174%$1K$1.7M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9490+0.208%$103K$175K20x
Phemex ICPUSDT+0.0100%8h2.9490+0.208%$1.7M$792K50xas long as short
Extended ICP-USD+0.0104%1h2.9499+0.238%$22K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9410−0.064%$1.2M$2.2M75xas long as short
Hyperliquid ICP+0.0311%1h2.9491+0.212%$4.6M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9710+0.956%$67K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0503% / S −0.0480%1h2.9511+0.279%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0572%1h2.9528+0.336%$519K$624K50xas long as short